Sun Communities, Inc (NYSE: SUI) has a higher price-to-earnings ratio of 142.93x compared to its average ratio, The 36-month beta value for SUI is at 0.91. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 3 rating it as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for SUI is 123.24M, and currently, shorts hold a 1.14% of that float. The average trading volume for SUI on November 07, 2024 was 951.25K shares.
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SUI) stock’s latest price update
Sun Communities, Inc (NYSE: SUI)’s stock price has decreased by -7.59 compared to its previous closing price of 131.76. However, the company has seen a -8.23% decrease in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-06 that Sun Communities, Inc. (SUI) Q3 2024 Earnings Conference Call Transcript
SUI’s Market Performance
SUI’s stock has fallen by -8.23% in the past week, with a monthly drop of -3.89% and a quarterly drop of -6.68%. The volatility ratio for the week is 3.17% while the volatility levels for the last 30 days are 2.44% for Sun Communities, Inc The simple moving average for the last 20 days is -8.44% for SUI stock, with a simple moving average of -4.15% for the last 200 days.
Analysts’ Opinion of SUI
Jefferies, on the other hand, stated in their research note that they expect to see SUI reach a price target of $160. The rating they have provided for SUI stocks is “Buy” according to the report published on October 17th, 2024.
Evercore ISI gave a rating of “In-line” to SUI, setting the target price at $149 in the report published on September 16th of the current year.
SUI Trading at -10.11% from the 50-Day Moving Average
After a stumble in the market that brought SUI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -17.64% of loss for the given period.
Volatility was left at 2.44%, however, over the last 30 days, the volatility rate increased by 3.17%, as shares sank -5.78% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.37% lower at present.
During the last 5 trading sessions, SUI fell by -8.48%, which changed the moving average for the period of 200-days by -2.60% in comparison to the 20-day moving average, which settled at $132.97. In addition, Sun Communities, Inc saw -8.90% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SUI starting from Underwood Baxter, who sale 3,000 shares at the price of $131.43 back on Aug 05 ’24. After this action, Underwood Baxter now owns 63,462 shares of Sun Communities, Inc, valued at $394,290 using the latest closing price.
Leupold Craig, the Director of Sun Communities, Inc, sale 2,500 shares at $128.39 during a trade that took place back on Mar 28 ’24, which means that Leupold Craig is holding 0 shares at $320,986 based on the most recent closing price.
Stock Fundamentals for SUI
Current profitability levels for the company are sitting at:
- 0.38 for the present operating margin
- 0.41 for the gross margin
The net margin for Sun Communities, Inc stands at 0.03. The total capital return value is set at 0.09. Equity return is now at value 1.58, with 0.67 for asset returns.
Based on Sun Communities, Inc (SUI), the company’s capital structure generated 0.53 points at debt to capital in total, while cash flow to debt ratio is standing at 0.11. The debt to equity ratio resting at 1.14. The interest coverage ratio of the stock is 3.52.
Currently, EBITDA for the company is 1.15 billion with net debt to EBITDA at 5.06. When we switch over and look at the enterprise to sales, we see a ratio of 7.13. The receivables turnover for the company is 6.86for trailing twelve months and the total asset turnover is 0.19.
Conclusion
In conclusion, Sun Communities, Inc (SUI) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
